One of the many responsibilities involved in managing an LLC is monitoring your financial situation. Financial statements serve as your company’s report card, showing where it stands and where it’s heading. In order to make wise choices, you must understand these statements, regardless of your level of experience. What Are Financial Statements? You can’t understand …
Paying yourself from your US LLC is as easy as wiring money to your personal bank account. Yet, it is not as straightforward, since you can save money on your transfers to Italy. There are two ways to save money when you pay yourself from your LLC: in money transfer fees and in taxes. In …
How To Pay Yourself From Your US Company: Guide from Italy Read More »
For non-resident US LLCs, the IRS Form 1065 serves as a tax return for multi-member LLCs. It is used to record the income, deductions, gains, and losses of the multi-member LLC to the IRS. Along with Form 1065, Schedule K-1 is also submitted. To explain it most simply, Schedule K-1 (Form 1065) is a tax …
Paying yourself from your US LLC is as easy as wiring money to your personal bank account. Yet, it is not as straightforward, since you can save money on your transfers to Germany. There are two ways to save money when you pay yourself from your LLC: in money transfer fees and in taxes. In …
How to Pay Yourself From Your US Company: Guide for Germany Read More »
If you’re an aspiring entrepreneur, you’re probably asking yourself, “What are SSN, EIN, or ITIN, and do I need them?” Although these acronyms may seem complicated, they are essential to your business journey. You may approach this procedure with greater confidence if you understand their respective roles, each of which is important. Particularly if you’ve …
SSN, EIN, or ITIN: What are they and do you need them? Read More »
If you’re not a US citizen but running a remote company in the US from abroad, you’ll come across a form called 1040NR. But what exactly is it, and why is it important? In short: you need to file it if you need to pay taxes in the US. If you don’t pay taxes there, …
Starting a remote business in the US can be a big step. Being a US foreigner, forming an LLC can give you many benefits. One of the many benefits is that you can reach the global market and have a flexible business structure. Sounds perfect, right? Especially if you are coming from parts of the …
Different stages of your business journey can require different business structures in order to grow. One of the possibilities is that you’ll need to convert your C-Corp to an LLC. If so, it’s fair to say that all the legal jargon and steps involved at some point will overwhelm you. Guess what? You’re not alone. …
Running a remote business in the US can be challenging. Among other things, there are many legal and administrative tasks to handle. Filing an annual report is one of them. Plus it’s super important to stay compliant with the US regulations. If you’re doing this whole process by yourself, then it’s important to stay on …
Let’s start with the basics. If you are doing this process by yourself, at first, you might find it challenging to navigate the complexities of bookkeeping for an LLC, especially as a non-US resident. We want to simplify this process for you, by providing practical and straightforward bookkeeping tips for US LLC owners. Whether you …
Lots of entrepreneurs around the world, just like you, are excited to explore the business possibilities in the US. Especially if you are up to setting up a Limited Liability Company (LLC) for your brand and getting some cool perks like e-commerce taxation for foreign-owned US LLC as low as 0 (zero) %. Many people …
E-commerce Taxation for Foreign-Owned US LLC (2024) Read More »
Doing business through a US LLC means rights and obligations in the US. And the main obligation is always taxes. The effective tax rate for running a business through a US LLC can be easily brought to 0% if you are not a US resident. In this article, we delve into: Corporate Taxes v. Personal …
US LLC Taxation for Non-Residents: All You Need to Know Read More »
You can start and run a US LLC from anywhere worldwide for a ridiculously low cost because you can do all the necessary activities yourself. This is not a clickbait title. This article will guide you in starting your own US LLC for as little money as possible. We will delve into: Now you may …
The LLC Operating Agreement is the written contract between LLC members. It identifies the rights and duties of the members and how they will run the company. When it comes to the part – all you need to know, LLC Operating Agreement, it usually contains the following information: A few more things that you need …
All You Need to Know About LLC Operating Agreements Read More »
One of the most common questions potential clients ask us is whether they can travel freely to the US on a tourist visa if they own an LLC or C-Corp in America. To make sure that we provide an accurate answer to this question, we turned to several US immigration consultants who mediate in obtaining …
Travel and Immigration to the United States for Non-US Resident LLC Founders Read More »
A Registered Agent in Wyoming is an individual or a Wyoming-based firm that receives legal paperwork for your LLC should it get involved in a lawsuit. This paperwork, more accurately referred to as Service of Process, can encompass documents such as complaints, summons, and subpoenas. In many cases, they also file the incorporation documents on …
You clicked on the link to this article, so it is likely that you are already facing some difficulties that force you to look outside of your country to start your own company. We understand you. We, both co-founders of Neubase took the same road. We ended up with companies we founded in Wyoming and …
Starting a US LLC from Anywhere in the World: Starting, Operations, and Costs Read More »
Many non-US aspiring entrepreneurs wonder if they need an EIN to operate an LLC from abroad and if it is required at all. First things first, you are required to have an EIN to operate your business. It is a bit of a hassle to obtain it, but you can’t do it without one. What …
EIN Number: What Is It, Do You Need One, and How to Get It Read More »
Submitting the annual report to the Wyoming Secretary of State is one of the essential obligations for each Wyoming LLC. It is a rather simple process that your registered agent can do for you, or you can do it yourself. If you subscribe to our Managed package, it is included in the subscription fee. What …
